The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G. Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

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Answer 1

Question

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

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Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

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Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2, 173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes $76,000; Dividends $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital (325 marks)

Answer 2

Question

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

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Answer 3

Question

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

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Answer 4

Question

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

Expert Solution & Answer

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Answer 5

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

Answer 6

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

Answer 7

Chapter 8, Problem 26P

1.

a.

To determine

To explain: The benefit A and G expects to realize from budgetary slack and the reason for the behavior of A and G.

Introduction: Intentional under and over estimation of total revenue and total expenses by the manager of the company is known as budgetary slack. This is done by manager so that they can achieve their targets easily.

Answer 8

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

Answer 9

b.

To determine

To explain: The way in which budgetary slack may adversely affect A and G.

Answer 10

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

Answer 11

2.

To determine

To explain: The way in which use of budgetary slack may unethical.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 8 - What is a budget? What is budgetary control?Ch. 8 - Prob. 2Q Ch. 8 - What is meant by the term responsibility...Ch. 8 - What is a master budget? Briefly describe its...Ch. 8 - Why is the sales forecast the starting point in...Ch. 8 - “As a practical matter, planning and control mean...Ch. 8 - Prob. 7Q Ch. 8 - What is a self-imposed budget? What are the major...Ch. 8 - How can budgeting assist a company in planning its...Ch. 8 - Prob. 10Q

Solution Summary: The author explains how budgetary slack helps managers save themselves in the time of eventuality. It may adversely affect their overall growth and may bring disciplinary action on them.

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To explain: The way in which budgetary slack may adversely affect A and G.

To explain: The way in which use of budgetary slack may unethical.

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